Base Resources Limited Change of interests by Substantial Shareholder (3928B)
June 02 2023 - 1:00AM
UK Regulatory
TIDMBSE
RNS Number : 3928B
Base Resources Limited
02 June 2023
AIM and Media Release
2 June 2023
BASE RESOURCES LIMITED
Notice of change of interests by Substantial Shareholder
Base Resources Limited (ASX & AIM: BSE) (Base Resources)
advises that it has received notification from Sustainable Capital
Limited (Sustainable Capital) that, as at 1 June 2023, Sustainable
Capital had increased its voting power in Base Resources from
277,232,274 ordinary shares to 290,537,049 ordinary shares
representing 23.66% and 24.66% respectively of the total Base
Resources ordinary shares in issue. This constitutes a substantial
shareholding for the purposes of the AIM Rules for Companies.
Sustainable Capital's interest in 290,537,049 ordinary shares is
held as follows:
Holder of interest Registered holder Person entitled Number of ordinary
of shares to be registered shares
as holder
Sustainable Capital HSBC-FUND SERVICES HSBC BANK AUSTRALIA
Limited CLIENT A/C 006 LIMITED 290,537,049
-------------------- --------------------- -------------------
The increase in Sustainable Capital's holding for the purposes
of the AIM Rules for Companies was the net result of the
acquisition and disposal of ordinary shares during the period from
6 August 2020 to 1 June 2023.
During this period, Sustainable Capital acquired 17,632,045
shares for an average price of A$0.239 per share and sold 4,327,270
shares for an average price of A$0.316.
A copy of the notice referred to in this release is available
from the company's website: www.baseresources.com.au .
ENDS.
For further information contact:
Australian Media Relations UK Media Relations
Citadel Magnus Tavistock Communications
------------------------------
Cameron Gilenko and Michael Weir Jos Simson and Gareth Tredway
------------------------------
Tel: +61 8 6160 4900 Tel: +44 207 920 3150
------------------------------
About Base Resources
Base Resources is an Australian based, African focused, mineral
sands producer and developer with a track record of project
delivery and operational performance. The company operates the
established Kwale Operations in Kenya and is developing the Toliara
Project in Madagascar. Base Resources is an ASX and AIM listed
company. Further details about Base Resources are available at
www.baseresources.com.au
PRINCIPAL & REGISTERED OFFICE
Level 3, 46 Colin Street
West Perth, Western Australia, 6005
Email: info@baseresources.com.au
Phone: +61 8 9413 7400
Fax: +61 8 9322 8912
NOMINATED ADVISOR & JOINT BROKER
Canaccord Genuity Limited
James Asensio / Raj Khatri / Patrick Dolaghan
Phone: +44 20 7523 8000
JOINT BROKER
Berenberg
Matthew Armitt / Detlir Elezi
Phone: +44 20 3207 7800
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END
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